BluFX, a proprietary trading firm based in London, UK, has recently encountered significant challenges with its liquidity provider, prompting the firm to seek alternatives. Established in 2015 and formally incorporated on June 14, 2017, BluFX has been a key player in offering undercapitalized traders a pathway to up to $1,000,000 in funding, with a generous profit split of 50%. Traders can embark on their journey with BluFX starting with real account sizes of $10,000, $25,000, $50,000, or $100,000, which can then be scaled upwards. The firm has established a partnership with a tier-1 liquidity provider, ensuring direct market access for its brokers.
Overview of BluFX’s Current Liquidity Challenge
Recently, BluFX disclosed via their Discord channel that some accounts have been experiencing difficulties, acknowledging the significant inconvenience this has caused its traders. The root of the issue lies in the temporary suspension of their account by their liquidity provider, a situation beyond the firm’s immediate control. In response, BluFX is actively seeking a new Liquidity Provider to resolve the matter and anticipates having operations back to normal within the next 3-5 business days.
The firm has appealed for patience from its traders during this period and has committed to fully restoring all lost trading days once the issue is resolved. This proactive approach highlights BluFX’s commitment to its traders and its dedication to ensuring a smooth trading experience, even in the face of unforeseen challenges.
Key Details About BluFX
- Real Accounts: Options to start with $10,000, $25,000, $50,000, or $100,000.
- Maximum Capital Allocation: Up to $1,000,000.
- Profit Split: 50%.
- Weekly Payouts: Ensuring regular income for successful traders.
As BluFX navigates through its current liquidity provider issue, the firm’s transparent communication and swift action to secure a new provider underscore its reliability and trader-focused ethos. Traders are encouraged to stay tuned for further updates as BluFX works diligently to resume normal trading activities.